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Technology Stocks : LSI Corporation

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To: Hightechhooper who wrote (13008)6/12/1998 8:07:00 PM
From: shane forbes  Read Replies (1) of 25814
 
(IBM - yet again)

And if it was so earth-shattering why exactly did IBM go down 2 points after they made their 100 million $ announcement...
Maybe because it is not so earth-shattering and in any case as the usual bonehead misinformed press is wont to do they are looking for connections when none exist... show me a good method of stripping out the fluctuations due to market, sector, stock and then the IBM announcement as far as LSI's price move is concerned and then I'll be impressed.... just telling me LSI was down 1+ points does not mean the entire drop was attributable to the 100 million $ announcement... I could counter by saying hey IBM went down 2 points after the announcement so their 100 million $ announcement MUST HAVE BEEN a negative for IBM as well ... as usual the clueless press foists an opinion on a clueless public with some magical implication of cause and effect... bunkum and more bunkum...
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